Well just received another letter from our gas/elec suppliers...we already pay one of the highest prices in the world and the most in australia and yet it is set to rise again...this is part of the letter
In South Australia, the energy regulator sets a 'reference price' each year, which is their estimate of your
electricity cost for the year. Your reference price is $2760 (GST incl.). This is based on the consumption of
an average-sized residential customer in your electricity distribution network (SA Power Networks) on the
same electricity tariff type as you. We estimate your new electricity rates will cost you $3809 (GST incl.)
over 12 months, using the same assumptions. This means that after your new prices become effective, we
estimate your electricity prices will be 38% above the reference price, as of 1 July 2024. Please note, this is
an estimate only and your electricity costs will depend on your actual usage.
South Australia (SA): SA has one distribution network – SA Power Networks. The average electricity rate for this network is 45.3c/kWh, making it the most expensive state for electricity in Australia. This is due to the high reliance on renewable energy sources in SA, which can be more expensive to produce
So guess we now have to start comparing prices again and see if we can do better....I mean $1000 plus every 3 months is just not okay....wish we had solar it would be so much cheaper...evrything has been going up in price...although have to say it is nice that the big grocery stores are being audited because of price gouging so some of their prices have a dropped a bit.
June 24th, 2024 at 04:54 am 1719201270